Shares bounced back strongly in the afternoon session, driven by increasing demand at the support price levels.
Shares fell on Wednesday as strong selling pressure hampered the growth of banking stocks.
Most banks have agreed to cut the lending rate for enterprises hard hit by the COVID-19 pandemic from this month until the end of this year.
Shares rebounded on Tuesday as a surge from large-cap stocks boosted indices but the market was still impacted by strong selling pressure.
Vietnamese shares plunged on Monday as panic selling flooded the market, following surging COVID-19 cases, reinforcing fears of further economic pain from restrictions induced by the virus.
Shares ended this week in the green, marking a third consecutive rising week.